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NOVEMBER 2009
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The Meltdown

Our Shrinking Economy

job fair line

CNN Money has the stats on our shrinking economy, just in time for the holiday season. 1.2 million jobs have been lost so far in 2008, including 240,000 in October. It's the first time the economy has lost one million jobs in a year since 2001. The unemployment rate, now at 6.5 percent, is at its highest since March 1994. Losses are expected to continue through, at the very least, the first half of 2009. Happy shopping!

Read it at CNN Money
Posted at 10:34 AM, Nov 7, 2008
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Comments
David Goldman, 2009, Cnn Money, Job Losses, October, 2008, Unemployment, The Meltdown, Jobs, Recession, Economy, Job Losses Mount: 1.2 Million In '08
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